The Renaissance University Banking and Finance cut off mark is 150 in the UTME. Renaissance University (RNU), Ugbawka, uses that minimum for all its programmes in 2026/2027, matching JAMB’s national minimum for universities. There is no separate published cut-off for Banking and Finance.
2027/2028 update: RNU cut-off marks usually stay the same from one year to the next, so the figures on this page are what 2027/2028 candidates should plan with. They come from the latest official notice (2026/2027). If the 2027/2028 notice changes anything, we will update this page.
Banking and Finance is on JAMB’s course list for Renaissance University under the name Banking and Finance, and on RNU’s own 2026/2027 programme list. Some universities run a course called Finance or Finance and Banking; at RNU the name on both lists is Banking and Finance.
JAMB’s line for this course is looser than RNU’s. The brochure allows almost any combination with Mathematics and one Social Science subject, while RNU wants an Economics credit at O’level. Below are the official figures, a safe target score (my advice), subjects, Direct Entry, fees and the CAPS steps.
Renaissance University Banking and Finance cut off mark at a glance
| Item | 2026/2027 position | Status |
|---|---|---|
| RNU minimum JAMB score for Banking and Finance | 150 | Official (RNU, 2026/2027) |
| JAMB national minimum for universities | 150 | Official (JAMB policy meeting, 11 May 2026) |
| Departmental cut-off for Banking and Finance | Not published | RNU says some courses may need more; no figure given |
| Course name to pick on JAMB | Banking and Finance | JAMB course list for RNU |
| Post-UTME test | None published | Not mentioned on RNU’s official pages |
| Application fee | None | RNU FAQ |
| Acceptance fee | ₦50,000 | RNU FAQ and tuition page |
| Session fee | ₦1,800,000 (tuition, hostel, three meals) | RNU tuition page and 2026/2027 announcement |
| O’level | English, Mathematics, Economics | RNU’s own table |
| UTME subjects | English, Mathematics, one Social Science subject + any other | JAMB brochure general requirement |
RNU Banking and Finance cut-off history
| Session | Figure | What it is | Status |
|---|---|---|---|
| 2026/2027 | 150 | RNU minimum JAMB score for every programme, including Banking and Finance | Official (RNU undergraduate page, FAQ and admission announcement) |
| 2026/2027 | 150 | JAMB national minimum for universities | Official (JAMB policy meeting, 11 May 2026) |
| 2026/2027 | Not published | Separate departmental cut-off for Banking and Finance | RNU tells candidates to ask Admissions for their course cut-off |
| 2025/2026 | Not confirmed | RNU figure for that session | Blogs print numbers, but I found no RNU notice behind them |
RNU’s 2026/2027 announcement also says candidates who scored 150 or more in the 2023 and 2024 JAMB examinations can apply. That line looks carried over from an earlier session, so if you plan to use an older UTME result, ask Admissions before you pay anything. RNU did not appear on the list of institution cut-offs reported from JAMB’s 2026 policy meeting, so the 150 on RNU’s own pages is the figure to work with.
Safe target score for Banking and Finance at RNU (my advice)
This table is my judgement as an admissions adviser. RNU has not published these numbers.
| Your UTME score | My read for Banking and Finance at RNU |
|---|---|
| Below 150 | Not eligible for RNU this session |
| 150 to 164 | Eligible. Likely if your O’level matches |
| 165 to 189 | Comfortable |
| 190 and above | Strong, and it keeps public universities open |
Banking and Finance usually draws fewer applicants than Accounting at private universities, and RNU has no council quota for it, so 150 with the right credits normally does the job. I would still aim for 170, since RNU’s FAQ says some programmes may need more than 150 and a higher score widens your choices.
UTME subject combination and O’level for RNU Banking and Finance
| Requirement | Banking and Finance at RNU |
|---|---|
| Course name on JAMB | Banking and Finance |
| UTME subjects | Use of English, Mathematics, one Social Science subject and any other subject (JAMB brochure general requirement) |
| O’level (RNU table) | Five credits including English Language, Mathematics and Economics |
| O’level (JAMB brochure) | Five credits including English Language, Mathematics, Economics and two other relevant subjects |
| RNU remark in the brochure | None on this course page |
| Exams accepted | WAEC or NECO (named by RNU) |
| Sittings | Not more than two (RNU) |
| Awaiting results | No RNU rule published; ask Admissions |
The brochure line for Banking and Finance is open: Mathematics, one Social Science subject and any other subject. My advice is to make Economics your Social Science subject. RNU wants an Economics credit at O’level anyway, and most of the first-year courses build on it. Government, Commerce or Financial Accounting work well as the fourth subject.
Unlike Accounting and Business Administration, this course page in the brochure has no RNU remark allowing Commerce for Economics. If you lack an Economics credit, assume you need one, and ask Admissions before applying.
Direct Entry into Banking and Finance at RNU
RNU’s Direct Entry page sets out the routes below. It does not list separate Direct Entry rules for each course, so read it together with JAMB’s line for Banking and Finance.
| Qualification | RNU’s stated minimum |
|---|---|
| A’level (Cambridge, JUPEB or IJMB) | At least two passes in relevant subjects |
| ND or HND | At least Lower Credit from a recognised institution |
| NCE | At least merit in a related field |
| Also required | O’level result, passport photographs and a JAMB Direct Entry registration for the current year |
JAMB’s general Direct Entry line for Banking and Finance is wider than most: two A’level passes in Accounting or Economics and one other subject, an NCE merit in relevant subjects, an ND credit, or a foundation professional exam such as ICAN, ACCA, ICMA or GPFA. The brochure’s Accounting and Business Administration pages also carry an RNU remark naming Banking and Finance among the ND courses it accepts for related programmes. ND Banking and Finance holders with a credit fit well.
Does RNU write Post-UTME for Banking and Finance?
RNU’s official pages describe a free online application followed by a document check at clearance. None of them mention a Post-UTME test, a screening fee or an aggregate formula. You still need to be on JAMB CAPS with an eligible score, the right subjects and your O’level uploaded, because every admission in Nigeria passes through CAPS.
RNU’s Direct Entry page adds that applicants may be asked to attend an interview or bring extra documents. For Banking and Finance, the clearance check that matters most is your Economics and Mathematics credits.
Worked example (illustrative)
RNU has not published an aggregate formula, so this example checks eligibility and the money needed before resumption, using RNU’s figures. Take Ifeoma, who scored 166 with English, Mathematics, Economics and Literature in English, and has credits in English, Mathematics, Economics, Literature and Civic Education.
- Score check: 166 minus 150 = 16. She clears RNU’s minimum by 16 marks.
- UTME check: Mathematics, Economics (Social Science) and Literature (any other subject) fit the brochure line.
- O’level check: English, Mathematics and Economics credits are all there. Nothing depends on an exception.
- Money before resumption: On three instalments, 50% of ₦1,800,000 = ₦900,000, plus ₦50,000 acceptance = ₦950,000. On four instalments, 40% = ₦720,000, plus ₦50,000 = ₦770,000.
Compare Tobenna, who scored 181 with Mathematics, Government and CRS, and has a pass in Economics. His score is higher, but RNU’s table would stop him unless he gets an Economics credit in a GCE sitting and uploads it to CAPS.
RNU Banking and Finance acceptance fee and school fees
| Item | Banking and Finance at RNU | Source |
|---|---|---|
| Application fee | None | RNU FAQ |
| Acceptance fee | ₦50,000 | RNU FAQ and tuition page |
| Session fee | ₦1,800,000 | RNU tuition page; the 2026/2027 announcement puts “other programmes” at ₦1,800,000 |
| What the session fee covers | Tuition, hostel accommodation and three meals a day | RNU announcement and tuition page |
| Instalments | Three (50%, 20%, 30%) or four (40%, 20%, 20%, 20%); first instalment before resumption | RNU FAQ |
| Hostel | Compulsory; no more than three students to a room; no cooking | RNU FAQ |
The ₦1,800,000 is a package: tuition, a hostel space and three meals a day for the session. It does not include books, handouts, transport or personal spending, so plan for those separately.
Your chances of getting Banking and Finance at RNU
RNU does not publish applicant or intake numbers per course. Going by how private universities in the South East usually fill their places, a candidate with 150 or more, the O’level credits RNU names and the means to pay normally stands a fair chance. That is my reading of the market, not an RNU statistic.
Because the UTME line is so open, Banking and Finance is also a sensible fallback if Accounting or Economics fills up. All three need Economics and Mathematics credits at RNU. See the RNU cut-off mark for Accounting and RNU Economics cut-off mark posts.
On timing: JAMB set 30 November 2026 as the 2026/2027 admission deadline for private universities, according to the News Agency of Nigeria’s report of the 11 May 2026 policy meeting. The 2027/2028 deadline will be set at JAMB’s 2027 policy meeting. Private universities often keep admitting until close to JAMB’s deadline, which is good news if your result arrives late, but the earlier you apply the better your choice of hostel and course.
How to apply for Banking and Finance at RNU, step by step
- Get your JAMB profile code: send NIN, a space and your 11-digit NIN to 55019 or 66019 from the phone line linked to your NIN.
- Register the UTME with the right subjects: pick Banking and Finance at Renaissance University and take Use of English, Mathematics, one Social Science subject (Economics is my advice) and one other subject. RNU says candidates who chose another school must do a JAMB change of institution before it can admit them.
- Upload your O’level to CAPS: RNU lists this in its own admission requirements. Its undergraduate page says its JAMB CBT centre on campus can handle O’level upload, change of institution and CAPS acceptance at a small charge.
- Fill the RNU online form: go to rnu.edu.ng/admissions/regular_admission and choose Banking and Finance. RNU charges no application fee and says the form takes about three minutes. You can also apply in person at the Admissions Office in Ugbawka.
- Answer any follow-up from Admissions: RNU publishes no Post-UTME test, but it may call you for an interview or ask for more documents, so keep your phone on and your papers ready.
- Accept the offer on CAPS: log in at efacility.jamb.gov.ng, open Check Admission Status, then Access my CAPS. Accept only when the offer shows RNU and Banking and Finance. Our JAMB CAPS guide explains each status.
- Pay acceptance and the first instalment: ₦50,000 acceptance, then at least the first instalment of the session fee before resumption. Pay only into the university account shown on rnu.edu.ng and confirm the payment with the Bursar.
- Clear with your documents: O’level result, four passport photographs, JAMB result, birth certificate, local government identification letter or certificate of origin, NIN slip, acceptance and school fee receipts, and A’level result for Direct Entry.
Warning
RNU charges no application fee. Anyone who asks you to pay for an RNU form or promises a guaranteed slot for money is not acting for the university. A genuine offer appears on your JAMB CAPS page, and fees go only into the university account shown on rnu.edu.ng, confirmed with the Bursar.
Studying Banking and Finance at Renaissance University
Banking and Finance sits in RNU’s Faculty of Management and Social Sciences, alongside Accountancy, Business Administration, Economics and the social science courses. RNU is in Ugbawka, Nkanu East Local Government Area of Enugu State, about five minutes from ESUT’s Agbani campus, and the NUC licensed it in 2005. The B.Sc. normally runs for four years in Nigeria; RNU’s pages do not state the duration.
RNU says its courses are accredited by the NUC without giving a status for each course. I found no NUC report page for RNU Banking and Finance, and it was not among the five RNU programmes Myschool reported as fully re-accredited in 2024. Its NUC status is not confirmed, so ask Admissions before you pay.
What you study
- Early years: principles of finance, economics, financial accounting, business mathematics and statistics.
- Core courses: money and banking, bank lending and credit administration, financial markets and institutions, corporate finance and investment analysis.
- Later years: international finance, risk management, banking law and regulation, industrial training (SIWES) and a final-year project.
Careers
Graduates work in commercial and microfinance banks, insurance and pension firms, investment and stockbroking houses, fintech companies and the finance units of businesses and government. The Chartered Institute of Bankers of Nigeria (CIBN) qualification is the usual next step for a banking career.
Related courses at RNU
- RNU cut-off mark for Accounting
- RNU Economics cut-off mark
- RNU Business Administration cut-off mark
- For a public university nearby: ESUT Banking and Finance cut-off mark
If you need to switch course or institution after registering, our JAMB change of course guide walks through it.
Mistakes that cost Banking and Finance applicants an RNU place
- No Mathematics in the UTME: it is the one fixed subject in JAMB’s line.
- No Economics credit: RNU’s table names it, and this course has no Commerce exception in the brochure.
- Three sittings: RNU accepts at most two.
- RNU not your first choice: fix it with a JAMB change of institution.
- Paying anyone but the university: fees go only into the account on rnu.edu.ng.
If you are sitting the UTME again, read when JAMB 2027 registration starts and how to check your JAMB result.
Renaissance University Banking and Finance cut off mark: FAQs
What is the Renaissance University cut-off mark for Banking and Finance? 150, the minimum RNU publishes for all its courses. No higher departmental figure has been published.
What subjects do I need for Banking and Finance at RNU? Use of English, Mathematics, one Social Science subject and any other subject in the UTME. At O’level, RNU asks for credits in English, Mathematics and Economics.
Is Banking and Finance at Renaissance University accredited? RNU says its courses are NUC accredited, but I found no NUC report naming RNU Banking and Finance. Ask Admissions for the current status before paying.
Can I do Direct Entry into Banking and Finance at RNU with ND? Yes, RNU accepts ND holders with at least a Lower Credit, and the brochure names Banking and Finance among the ND courses it accepts for related programmes.
Sources and updates
The 150 minimum, the O’level table, the first-choice rule, the CAPS step, the document list and the note on RNU’s JAMB CBT centre come from RNU’s undergraduate admissions page (checked 30 October 2026). The acceptance fees, the no-application-fee rule, the instalment plans, the hostel rules and the remark that some programmes may need more than 150 come from RNU’s admissions FAQ. Session fees come from RNU’s 2026/2027 admission announcement and its tuition schedule. Direct Entry routes come from RNU’s Direct Entry page. The course name on JAMB is from the JAMB course list for RNU as reprinted by Myschool. The UTME, O’level and Direct Entry lines for Banking and Finance, and the RNU ND remark on the Accounting and Business Administration pages, are from JAMB’s brochure as reprinted by Myschool (checked 30 October 2026). The national minimum of 150 for universities and the 30 November 2026 deadline for private universities come from JAMB’s 2026 policy meeting as reported by the News Agency of Nigeria. Safe target scores, the odds discussion and the worked example are my advice as an admissions adviser, not RNU figures. This page will be updated when RNU publishes its 2027/2028 admission notice or a departmental cut-off.
I am Jude Chinecherem, a final-year MBBS student at the University of Nigeria, Nsukka. I know what it feels like to want an education your family cannot afford. When my parents could not pay for my schooling, I had to learn how to find scholarships and work the system out on my own, with nobody to guide me. I came out the other side, and now I share everything I learned so the next student does not have to figure it out alone. This is the advice I wish someone had given me back then.
